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      How Public Companies Can Learn from Private Equity

      Private equity has long been a fast way to earn quick, massive returns on investment. Private equity firms invest in undervalued or underperforming companies and seek to make significant changes to their operations, often leading to dramatic results.  With the right company and strategic decisions, private equity firms can realize their return within two to

      How to Navigate Your Way to the C-Suite

      In today’s competitive environment, the road to management — the C-suite — is often unclear. How do people get the jobs at the top? What skills and qualities do leaders have that set them apart from everyone else?  Identifying what it takes to get to the top of a company isn’t always straightforward. The necessary

      How to Make Your Interviews More Effective

      Executives have busy schedules that often revolve around meetings and interviews. They interview potential new hires, discuss daily affairs with senior leadership, and meet with potential clients, vendors, or investors. Each meeting or interview has a purpose; failing to understand that purpose and plan for it results in a useless waste of time. To make

      Solving Critical Problems Through Innovation

      Innovation is paramount to anyone seeking to implement positive change in their personal life, company, or community. Through innovation, people seek creative ways to solve complex problems and push society forward.  Some innovations result in only minor changes, like a few minutes saved in our day, while others have long-lasting positive consequences, like finding a

      Aligning Executive Pay to Drive Performance

      Executive compensation is often a hot topic around the boardroom table. Ideally, the board wants to ensure that its executives receive fair compensation for their efforts but also have a special incentive to reach specific goals for the company’s growth.  A poorly designed executive compensation package can result in management leaving for greener pastures or

      So Why Do You Want to Work Here?

      There are several common questions you’ll hear if you’re on the lookout for a new job. Alongside such typical inquiries as “Tell me about yourself” and “Where do you see yourself five years from now?” comes this one: “Why do you want to work here?” While you might have heard lots of advice on answering

      Businesses That Thrive During a Recession

      All the red flags indicating a looming recession are up. Inflation is increasing, interest rates are sky-high, and mass layoffs have begun.  Over the last few months, we’ve seen 11,000 people dismissed from Meta, 14% of the workforce cut at Stripe, and 550 employees dismissed from Opendoor Technologies. Twitter, Amazon, Zillow, and Disney announced their

      Why You May Need a Chief of Staff

      The chief of staff role is common in the military and government. It’s usually a very prominent role, and the people who fill it act as advisors to top military brass and high-level government officials.  The role is not quite as common among civilian organizations, but that may be changing. What exactly is a chief

      Is the Company You’re Planning to Work for Stable?

      Lots of effort goes into looking for a new job. You’ll need to take a sharp pen to your resume, prepare cover letters, undergo the interview process, and potentially take a few tests. Ideally, you’re searching for a company offering a role in your desired career path that also provides an excellent benefits package. However,

      Operating Models for Private Equity Firms

      Private equity firms look for companies that have the potential to grow much bigger than their current size. For whatever reason, the existing company isn’t maximizing its full capabilities. Many times, the problems are financial.  With an additional monetary boost and qualified advice, these organizations can increase their market share and meet growth expectations. In

      How to Save on Recruiting Fees

      Finding workers in a highly competitive environment is challenging. Companies struggle to fill jobs in all roles, from entry-level to executives. Matching open positions with the right talent is an ever-present concern. Organizations want to ensure they spend their money on people who will stay in the role and contribute to the company’s success. More

      Global Head of Tax

      The Need Paradigm, the world’s largest Web3, Crypto, and Blockchain venture capital firm needed to address the evolving crypto and blockchain tax climate for their funds and portfolio companies globally. Cowen Partners Executive Search was identified as a strategic partner due to our deep understanding of global tax, tax laws, lobbying, and venture capital. The

      Global NGO Chief of Staff

      The Need BOMA is a U.S nonprofit organization and Kenyan NGO that provide the people and governments of Africa’s drylands with economic inclusion programs that increase resilience to multiple crises. BOMA retained Cowen Partners to find a Chief of Staff reporting into the CEO. BOMA is implementing a new strategic growth plan and needed a

      Attributes & Styles of Corporate Culture

      Corporate culture may seem like a buzzword, but it’s not. Just like a country, city, or family, every organization has its own culture that defines it. Executives seeking to define their corporate culture must do so thoughtfully and carefully.  A company’s culture includes its encompassing goals, vision for the future, and shared beliefs. While leaders

      How to Build a Balanced Business Scorecard

      Company executives are always seeking to improve business performance and operations. After all, continued success reaps financial benefits, pleasing customers and investors.  However, senior leadership knows that concentrating on a single performance measurement, or even on a particular division, isn’t enough to drive performance. Instead, executives must take a holistic approach to success. They can

      Building a Growth Mindset

      Many leaders espouse the benefits of a growth mindset, but they may not employ one in their own lives. People with a growth mindset genuinely want to expand their knowledge and are open to opportunities. Too often, people believe they have a growth mindset but suffer from a fixed mindset, where they struggle to overcome

      How Questions Can Improve Your Effectiveness As a Manager

      Asking questions is a part of life. You likely ask questions when you order food or want to learn more about your children’s day at school.  Some professionals, like doctors and lawyers, are trained to ask questions: Although of a different nature, business managers must ask their staff and colleagues questions to keep daily operations

      How to Coach an Alpha Male

      Alpha males tend to dominate executive roles and senior leadership positions. These men have high levels of confidence and are usually very intelligent. They use their sharp decision-making skills to drive organizational performance and manage their employees, often with an iron fist. Pros vs. Cons of the Alpha Male in the C-Suite We’d be hard-pressed

      Understanding & Developing Self-Awareness

      If you were to ask someone if they felt they were self-aware, they’d most likely say they were. However, self-awareness is actually a rare trait. According to a recent study, only 10-15% of the population possesses self-awareness. Many people don’t realize what self-awareness really is. They may be reflective and curious about their personality and

      Venture Capital Investments in Practice

      People often imagine venture capital investors as economically endowed heroes coming to the rescue of fledgling startups. The venture capitalist provides the money and mentors the founder, and the company grows exponentially in just a few short years. But in practice, venture capital works quite differently. Most venture capitalists are firms created and controlled by

      How to Resonate with Your Audience Through Public Speaking

      The idea of giving a speech or presentation to a crowd often sparks high levels of fear, even in the most confident people. There’s something about standing in front of large groups that gives rise to our most hidden self-doubts: Will they listen to me? Is my talk boring? What if my mind goes blank

      How to Make the Most Out of a Consulting Arrangement

      Thousands of businesses use the services of a consultant each year. Often, they seek help for challenging organizational problems like declining revenues or poor employee satisfaction. While some consulting arrangements lead to successful outcomes and new opportunities, others waste time, money, and effort. To ensure that your organization gets the most out of its next

      Avoiding Self-Destructive Tendencies as a Company Founder

      Entrepreneurs face many pressures as the owners and leaders of organizations. In times of economic downturn, stress increases as revenues decline and funding dries up. Other problems, like poor product reception or difficulties deciding on the strategic direction of an organization, can also cause issues. Instead of giving in to the worst aspects of their

      The Key to Understanding Leadership

      Countless books, movies, articles, and podcasts seek to uncover the secrets to becoming a good leader. But they so often fail to provide practical guidance.  Some focus on describing characteristics of leaders in large companies, like Steve Jobs of Apple or Mark Zuckerberg of Meta. Biographical character studies can be interesting; however, anecdotes about a

      How to Negotiate Your Next Job Offer

      You may be interviewing with multiple companies if you’re in the market for a new job. At some point, you’ll receive an offer for a new role. However, before accepting the job, you’ll want to ensure that the position is right for you and offers fair compensation for your efforts. Knowing how to negotiate your

      Flourishing During a Recession

      The economy has been a regular topic of conversation throughout 2022. Despite ongoing job growth, inflation is at a 30-year high. The Fed is engaged in a battle to fight a recession and continuing inflation by increasing interest rates, but so far, their actions haven’t been enough to tamp down rising prices. Companies are well

      The Ultimate Guide to Writing a Resignation Letter

      When it comes time to leave a position you’ve held for several years, you may wonder whether you need to write a resignation letter. After all, you’ve likely already told your boss and colleagues you’re leaving. So, is there any reason you need to document your transition further? Writing a resignation letter isn’t like writing

      Wrapping Up a Job Interview: Questions to Ask Your Potential Employer

      Job interviews are an excellent way for potential employees and employers to get to know one another. You should think of them as a two-way street: they’re assessing how well you’d perform in a role, while you should be determining whether the position and the company are a good fit for you. Rather than being

      Is It Imposter Syndrome or Something Else?

      In the 1970s, psychologists Pauline Rose Clance and Suzanne Imes created a theory that women were plagued in the workplace by a condition known as imposter syndrome. They believed that women with imposter syndrome believed that they weren’t intelligent or capable at work, even if they had a reputable education and skill set. The findings

      Selling in a Recession

      As surging interest rates battle against 40-year high inflation, sales teams face the growing prospect of selling in a downturn.  Naturally, recessions hardly feel great for business, especially when you’re in sales. Warm prospects may rapidly cool during this period, and previously receptive leads may postpone buying decisions until after the slump or pull out

      How to Retain & Grow Customer Accounts 

      According to Gartner, organizations enjoy their best sales growth avenues from existing customers. They can unlock greater revenue and cross-sell/upsell opportunities by maximizing business with existing customers. The statistics are clear – companies are 6-7 times more likely to gain a new sale from an existing customer, compared to an only 5%-20% likelihood of closing

      COOs and Operations Leaders’ Role in an Organization

      Chief operating officers (COOs) are forward-thinking corporate executives who can see the big picture from a great distance and develop strategic plans to take advantage of business opportunities and position the company for success. The chief operating officer (COO) is responsible for managing the organization’s administrative, operational, and management procedures and keeping all levels of

      Benefits of a Consultative Sales Approach

      At the risk of stating the obvious, it might be essential to start with the fact that buyers want to be understood in today’s marketplace. Historically, this was not always so. At some point in time, buyers were content with basics like quality service and fair pricing. These days, modern buyers have higher expectations for

      How CFOs Can Drive Revenue Growth

      CFOs play a pivotal role in driving revenue growth in organizations as they sit at the center of all financial operations in the organization. Because of this specific role, it is conceived by many that CFOs have little business with revenue. However, CFOs, in essence, are not merely bean counters concerned with cutting costs. They

      How Much Do Private Equity CEOs Earn?

      A private equity firm often seeks to enhance its return on investment by revamping the executive team. When a private equity firm takes majority control of an organization, it can implement strategic decisions that alter the company’s short- and long-term vision. Choosing a new private equity CEO isn’t easy. PE firms must find someone who:

      The CHRO Playbook: Start Your CHRO Journey on the Right Foot 

      New CHROs tend to get excited about their roles because they have the opportunity to revamp an organization’s human resource function, implement new benefits solutions, and bring new life to a company. Some CHROs fill an existing position, while others join the organization in a completely new role. Whether you’re the newest member of an

      The Best Talent Assessment Tools for New Applicants

      Hiring a new employee is a significant expense. You want to make sure that your new worker has the hard and soft skills to meet your needs. If you make a mistake, your organization can lose money. The productivity of your other employees can decline, and you may face challenges in the working environment. A

      Help! No One Wants to Go Back to the Office

      After two-and-a-half years of working from home during the COVID-19 pandemic, most workers are unwilling to return to the office full time. According to a McKinsey survey, 87% of employees who have the option to work remotely at least part of the time take it.  The same survey notes that 21% of job hunters are

      Why Your Company Needs a Total Rewards Package

      As a business owner or senior manager, you’re already familiar with using salary and benefits packages to attract and retain employees. However, you might not have heard of total rewards packages.  Essentially, total rewards encompass a combination of tangible and intangible benefits. Rather than concentrating on the standard compensation of salary, health care, and vacation

      The CMO Playbook: Your First Days as a CMO

      Stepping into a new role as CMO is an exciting time. You’ll be joining an organization you’re likely unfamiliar with and given the task of growing revenues and expanding market reach.  You must have a plan in place for your first days on the job. While you may not make significant organizational changes in your

      How to Establish Your Organization’s Product Management Model

      Organizational strategy isn’t always clear, especially regarding product management. Many employees contribute to the final development and sale of a company’s product, including engineering, technology, and marketing teams.  Organizations can define their product management structure, allowing teams to focus on specific aspects of product development. A simplified management structure encourages teams to work together without

      Understanding Employee Attrition & Retention

      Organizations want to hold on to their employees. Employees are the lifeblood of a company, and managers spend lots of time training them to produce results and meet business objectives.  When employees leave an organization, they take their knowledge and skills with them. Managers then have to find new people to fill their roles and

      Millennials Are Changing the Objective of Work

      The millennial generation consists of people born between 1981 and 1996. It’s the largest age group in America today, consisting of approximately 72 million people, roughly 24% of the U.S. population.  Millennials are the first generation to grow up without the heavy drumbeats of war, poverty, and discrimination that prior forebears experienced. The Silent Generation,

      Cowen Partners Recognizes the Top Personality Tests in 2022

      Cowen Partners, a leader among the nation’s best executive search firms, has announced the winners of its 2022 Best-of Awards Program for personality tests. They have rounded up the best personality tests for employers to identify top job candidates, all while working remotely and avoiding face to face interviews. Are you still interviewing and on

      Managing in a Recession

      Amid the Federal Reserve’s implacable rate hikes targeted at rising inflation, corporations and small businesses across the US are increasingly tightening belts at the prospect of a coming recession. While a recession, much like the seasons, is a natural phase in the lifecycle of any economy, it can spell difficult times for companies and consumers

      Business Turnaround Strategies

      Amid an increasingly uncertain commercial landscape, many companies find their business threatened or on the brink of failure. Various factors may be at play here, from a rapidly evolving market to poor performance or a failing business model, but they all carry the same bottom line for companies – change or die.  Businesses in this

      Getting Back to Work: The Best Return-to-Office Strategies for Your Remote Teams

      By now, public health concerns have largely diminished, giving companies the “all-clear” to return to a regular workday. But many companies are finding that easier said than done.  According to at least one recent survey, nearly two out of three (64%) remote workers would prefer to quit rather than return to the office. Managers find

      At-Home vs. In-Person: Why Remote Opportunities Are Beating In-Office Companies

      During the 2020 pandemic, American workers got a taste for remote work. But even when things returned to normal, the workplace didn’t.  Not only has remote work exploded in the American workforce, but researchers from the University of Chicago believe that by 2030, between 50 and 80 million of the world’s desk jobs will transition

      Filling the C-Suite: Top Strategies for Executive Recruiting

      American companies face a looming challenge when it comes to filling executive positions.  According to the career site Monster.com, 75 million baby boomers are expected to retire in the coming years. Given that many of these seasoned employees occupied C-level positions, hiring managers will need to consider their executive recruiting strategies for the years ahead. 

      How CIOs & CTOs Help Manage Cybersecurity Risk

      Cyberattacks are no longer the exclusive domain of the chief information security officer (CISO). In fact, cyberattacks have become the leading business risk. Survey data from PWC shows that 40% of respondents list “more frequent and/or broader cyberattacks” as a serious risk. Another 38% call these attacks a moderate risk.  Managing these threats will require

      CISO Salary Considerations: The Costs & Rewards of Cybersecurity

      Technology plays a critical role in a variety of industries, which naturally raises concerns about security. It’s no surprise that the Chief Information Security Officer (CISO) has become one of today’s most sought-after and well-compensated tech positions.  A CISO’s salary is based on the evolving roles that these professionals play. The following discussion unpacks salary

      Shifts in the CISO Reporting Structure

      The roles of chief information security officer (CISO) and chief information officer (CIO) often run in parallel — so much so that until recently, the CISO would customarily report directly to the CIO.  But recent changes have shifted the CISO reporting structure. Now, CISOs have a range of other reporting pathways, often customized to a

      Changes in Modern Leadership: Finding the Right CEO for Your Organization

      There are a lot of factors to consider when finding the right CEO for your company. Generally speaking, the most critical factor is finding someone with the right skill set and experience, but you also need to ensure they’re a good fit for your company’s culture and vision.  As you decide who the right person

      The Modern Credit Union CFO

      A successful CFO candidate synthesizes old-school accounting with new-age technologies to successfully lead the CU toward a better bottom line. Credit Union Times | By Shawn Cole, Cowen Partners Executive Search With increased market volatility and advancing digital infrastructures appearing across all industries, credit unions, traditionally regional and relatively conservative financial institutions, are emerging as

      Executive Search Firms: A Guide for Nonprofit Organizations 

      Executive search firms are companies that specialize in finding and placing senior-level executives, usually in upper management positions. Their roles include candidate sourcing, assessment, placement, and managing the entire recruitment process on behalf of their clients, which commonly include nonprofit organizations.  In addition to these main roles, executive search firms often provide additional services such

      Core Insights into Credit Union Leadership for a New Era

      Credit union leaders must adapt to a new era in which members expect more from their credit unions. They must be prepared for this changing landscape and the challenges that come with it.  While navigating in an increasingly complex regulatory environment, credit union leaders also need to find the right ways to engage their members

      How Top CMOs Change Their Brands’ Trajectories

      Although the role of chief marketing officer (CMO) has existed only for approximately 30 years, the job descriptions of modern CMOs are starkly different than those of professionals in the 1990s.  The CMOs of the most recent generation certainly provide their brands with world-class expertise and a prowess for increasing online visibility, but now they

      What to Hire & When

      As a startup founder, you could be making any of your first hires soon. If you’re doing well and can afford to hire an experienced executive, they could be a great asset to your company. But… What kind of executive should it be? A CEO, COO, or President? How do you define the role and

      The Lines Are Blurred Between Private Equity and Executive Search

      Private equity, venture capital, and the curating of executive talent have an inherent synergy between them. All of these groups know that human capital represents the key driver of long-term value creation and financial performance. As private equity grows to all-time highs by any metric one chooses to use – closed deals, new funds, number

      How to Implement Intentional Hiring Practices into Your Recruitment Strategy

      Intentional hiring is the practice of developing a clear understanding of what you are looking for in a candidate before you start to hire. It allows you to actively seek out the best possible candidate, instead of passively accepting whoever applies for the position. Intentional hiring gives you control over your hiring process, rather than

      How to Make an Aspiration Hire & Aggressively Grow Your Business

      What if you could hire a person who has been in your industry for many years or who has successfully scaled a business like yours to the highest level? How long would it take you to accomplish those same goals?  The answer is simple — you could get there much faster than if you hire

      How to Keep Your Employees from a Headhunter Like Me

      As a headhunter, I’m looking to find your most talented employees and get them into promotions and better-paying positions with my clients. I look for candidates with a solid work history and set of skills, and I seek to match them with the compensation and benefits that they deserve. If I don’t scare you, the

      How to Find & Hire the Right People: An Executive Recruiter Explains

      Hiring is one of the most difficult things you will ever do as a business owner, but it’s also one of the most important. A bad hire can cost your business money, time, and resources that you don’t have. However, if you want to be successful at hiring highly-qualified people to take your business further,

      Cowen Partners CFO Movement Study 2022

      This report presents the findings of our study of the 264 CFO transitions in the first half of 2022 at the Fortune 500 and notable companies as of July 22, 2022. Individuals included in this study obtained a new CFO position within the 2022 year at a Fortune 500 company or a company of note.

      Recruiting Your Next Hospital CEO: 8 Skills to Look for When Hiring

      Written by Bruce Henry, Healthcare Executive Search Practice Leader Hospital CEOs are the heartbeat of their organizations. They are responsible for leading and managing an entire team as well as an organization’s finances and operations. As a result, hospital CEOs must possess a diverse set of skills to be successful in their roles. Here are

      Private Equity Healthcare CFOs: Finding the Right Fit for Your Organization

      Written by Bruce Henry, Healthcare Executive Search Practice Leader Healthcare is a complex industry with many moving parts and stakeholders. The CFO plays an essential role in the success of any health system and can be the difference between success and failure.  Healthcare CFOs are in high demand as the industry continues to grow and

      How to Choose Between a Full-Time CMO & a Fractional CMO

      There’s no doubt that CMOs offer a lot to organizations. Their marketing expertise and understanding of customer behavior are often enough to propel a new business or startup company to new revenue heights.  However, small businesses and startups often lack available funds, and this prevents them from attracting the most experienced marketing minds to their

      Knowing When to Hire a CRO or a VP of Sales

      Revenue is the key driver behind the success of a business. Without revenue, a company stagnates and will eventually run out of money to pay its bills and the salaries of its VP sales, CRO, and other sales employees.  Thus, once a company grows beyond a basic startup mentality and needs to scale its revenue,

      5 Critical Skills Your Next COO Should Possess

      The COO role is often one of an organization’s most misunderstood executive positions. While the responsibilities of a CEO or CFO don’t vary too much from one company to another, the COO’s oversight can differ tremendously.  Oftentimes, a COO’s responsibilities overlap those of other executives, leaving executives and employees confused about whom to ask for

      2022 CFO Salary Guide

      The Wall Street Journal published a list of the five highest-paid CFO’s late last year. The list cited high power executives, including Safra Catz at Oracle Corp. ($108.3 million), Ruth M. Porat at Alphabet Inc. ($47.3 million), Luca Maestri at Apple Inc. ($26.5 million), Michael Fleisher at Wayfair Inc. ($23.6 million), and John P. Nallen at 21st

      Tips for Selecting the Best CEO

      When you hire a CEO, you’re not just looking for someone who can run your company — you’re looking for someone who can make it more successful. The best CEOs are passionate about their work, have great management skills, and are good at building teams that work well together. There are many ways to find

      6 Questions & Answers to Help You Shine at Your Next Job Interview

      Job interviews tend to be nerve-racking experiences. You know you have the skills and expertise to execute the role, but you must sell yourself to your interviewer. Unless you have an innate ability to handle job interviews like a pro, it pays to prepare for your next interview. Studying typical job interview questions is a

      6 Traits to Look for in a Post-Pandemic Executive Hire

      Today’s CEOs need to be ready for anything. The global pandemic has brought about a new era of uncertainty for business leaders and their teams as they attempt to navigate an increasingly complex environment full of new risks, challenges, and opportunities. In this article, we’re going to take a look at the top six characteristics

      Hiring for Today’s CEOs: What You Need to Know About the Modern Executive in a Post-Pandemic World

      The world is changing. Before the pandemic, the main hiring factor for new CEOs was their efficiency and ability to achieve objectives. In a fast-paced environment, the right person could be counted on to make the right decisions and deliver results. They had strong track records, large networks, and impressive degrees from prestigious schools. They

      8 Attributes of a Great Credit Union CEO

      It takes an exceptional person to lead an institution that truly belongs to its members. What makes a great credit union CEO? The answer is not as simple as you might think – it’s not just about having the right skill set or experience. As with any business, a CEO has to have the necessary

      Setting the Right Compensation for Your CMO in 2022

      As the captain of a company’s marketing efforts, the CMO role has many responsibilities, including overseeing a marketing team. Choosing and hiring a CMO involves selecting someone with the knowledge and skills to succeed. Setting an appropriate salary and benefits package is not easy for most companies. While traditional, less senior marketing roles often have

      It’s Time to Elevate the Roles of CHROs

      Written by Thomas Paik, Human Resources, Diversity and Inclusion Practice Leader The CHRO role has been traditionally limited to hiring for open positions, designing compensation and benefits packages, and ensuring compliance of the company with federal and state hiring regulations. Until now, a CHRO’s responsibility for an organization has not been proactive but reactive —

      How to Combat Loneliness as a CEO

      There’s a famous saying — “It’s lonely at the top.” CEOs often find this saying true. In fact, a study by Harvard Business Review found that over half of CEOs feel lonely in their role, and 61% indicated that feelings of loneliness hinder their performance. As the individual with the most significant level of responsibility

      How CEO Turnover Can Hurt Private Equity Investments

      When a private equity company chooses to invest in a growing company with potential, they often bring a new CEO on board to support their initiatives for the company. This move is intended to increase revenues and profits.  A new private equity CEO is often helpful for guiding the company in a new direction designed

      How to Write an Attention-Grabbing Cover Letter

      Nowadays, with the rise of one-click job applications, writing a cover letter may seem unnecessary. However, cover letters are one of the best ways to get the attention of recruiters and hiring managers. If you write a compelling cover letter, you can stand out from other applicants and secure an interview. While you don’t always

      What Should a CEO at a SaaS Company Earn?

      CEO earnings vary widely and depend upon many different factors, including their location, their experience, and the type of industry they work for. SaaS CEOs are no different. A CEO salary survey in the SaaS industry can turn up a wide variety of base salary earnings — from $1 to over $900,000 per year.  On

      Startup Equity: Who Gets What?

      Founding a startup is incredibly exciting. It’s almost like a new baby: lots of promise, years of hard work, and knowing that you’ll succeed in bringing something into the world that will make a positive impact. However, like parenting, startups are often clouded by cofounders and initial employees who bicker over who does what and

      What to Look for When Hiring for Cybersecurity

      While the importance of cybersecurity has long been known, companies have been slower to recognize the need for a cybersecurity strategist within their ranks. Many leaders assume that a solid cybersecurity plan is only required for businesses that house significant amounts of information on their customers, such as banks, the government, and tech powerhouses. However,

      5 Top Tips for Hiring in the Crypto Industry

      Cryptocurrency, Web3, NFTs, Blockchain and the metaverse have dominated financial news over the past few years. We saw the value of a single Bitcoin rise to a staggering $67K in November 2021 before crashing to $30K in June 2022. NFTs have earned endorsement from numerous commercial brands and celebrities, including Paris Hilton.  Those familiar with

      CFO Compensation in 2022

      CFOs rank among the highest-paid employees in the United States. Their responsibilities require them to lead the financial arm of a company’s operations and sometimes other departments. The compensation for a successful CFOs varies widely and depends on several different factors.  This article will examine the components that determine a typical CFO’s salary and the

      Credit Unions in the Digital Age

      Like other companies, credit unions face new challenges brought on by technology.  Technological development has soared over the past decade, and COVID-19 showed that many businesses could still maintain their operations, even when most of their employees were working from home.  Throughout the numerous lockdowns and social distancing restrictions, consumers became more accustomed to being

      Succession Planning for Family Businesses

      Owners of successful businesses must face the fact that eventually, they will retire. An appropriate succession plan can ease the disruption often caused when the company owner leaves. If the owner chooses to hand over the leadership reins to a family member, they must ensure that the succession is seamless.  Mistakes Made in Succession Planning

      VP Sales Salaries by Industry in 2022

      Vice president (VP) of sales is a very focused executive position that typically requires a high level of education, experience, and leadership. In addition, VPs are phenomenal communicators who run point on big-picture tasks to set expectations early and often throughout the organization. It adds up to a lot of work for typically commensurate pay.

      Account Executive Salaries in 2022 by Industry

      Account executives form the foundation of an entity’s sales team. They act as a liaison between clients and the company, more akin to a senior salesperson. They frequently have a wide range of skills, including marketing, communication, conflict resolution, empathy, and organizational skills. The account executives’ primary focus is on generating leads, completing sales, and

      General Counsel vs. Chief Legal Officer (GC vs. CLO)

      The Chief Legal Officer (CLO) and General Counsel (GC) are both lawyers and leaders in an organization — depending on your company’s size, you may have individuals hired into these roles already, or you may be seeking to create these positions within your business.  The differences between these two roles stem from their different functions

      The Role of Personality in the Workplace: Are Personality Tests Accurate?

      Having the “right personality” might have a bigger impact on your value in the workplace than you think. According to a study published by Psychological Science, an Association for Psychological Science journal, job candidates whose personalities “aligned” with a company’s expectations and ideologies earned higher salaries than those who the organization felt did not align. 

      Cultural Fit Interview Questions: Examples of Best Practices

      Cultural fit interview questions are all about finding candidates who will be a good fit for your company’s corporate culture. It’s important to remember that hiring for cultural fit is different from hiring for a skillset. You may want to consider this when designing interviews and deciding what questions to ask. A good hiring manager

      How to Conduct a Cultural Fit Assessment

      When you’re hiring new employees, it’s important to ensure that they will fit into your company culture. A bad fit can cause problems in the workplace, so you should strive to hire only people who are a good match for your company. The first step in creating a strong culture is to understand what your

      Inclusive Leaders – What Are Their Roles in a Workplace?

      By Linda Devonish – Mills, CAE, CPA, CMA, MBA, Diversity, Equity, and Inclusion Consultant Characteristics of an Inclusive Leader                     When conversations and emphasis on diversity practices began over 20 years ago, the acronym D & I, referring to diversity and inclusion, was popular. In recent years, it is not uncommon to see the acronym, I

      How to Become a Successful General Counsel 

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